Key Takeaways Only 14% of participants contributed the annual maximum in Vanguard-run defined contribution retirement plans, such as 401(k)s, in 2024.High-income earners are more likely to max out ...

There are significant downsides to not contributing to such plans. Even putting a little bit into one can make a difference down the line. Here are some things to consider if you fear you may be ...

Vanguard recently released its 2025 report on how America saves. It revealed that a record 4.8% of 401(k) holders took a hardship withdrawal in 2024, up from 1.7% in 2020. Over a third (35%) of ...

Saving with your company's 401(k) plan is common retirement advice. But when you do, you also want to make sure you understand all of the perks offered through your plan. At a minimum, you should save ...

A 401(k) retirement account is supposed to be hands-off. It’s not your money, in theory, but savings for the future you. And yet, when Americans leave jobs, one-third of them cash out their 401(k) ...

The picture provides a new view of 401(k) plans administered by the Vanguard Group -- how employers set them up and how employees use them. There's a bit of good news -- but lots of bad. Recently, ...

Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. Milan Markovic / Getty Images One-third of ...

Vanguard Group plans to start letting workers buy an annuity within a new 401(k) target-date fund. The nation’s largest target-date fund provider will make the fund available to employers starting ...